Dentons advises EB-SIM on the acquisition of a stake in a 104.5 MW / 209 MWh battery storage facility in Saxony-Anhalt

Düsseldorf/Berlin-Global law firm Dentons, with a team from Germany and Luxembourg, advised two funds advised by EB-Sustainable Investment Management (EB-SIM) on the acquisition of a 49% stake in the operating company of a 104.5 MW / 209 MWh battery storage facility (BESS) in Stendal, Saxony-Anhalt, and in concluding a shareholders' agreement with the seller, a company of the Nofar Energy Group.

The signing and closing of the transaction took place in mid-December 2025. The battery storage facility is already under construction and is scheduled to go into operation in the first half of 2026.

EB-SIM is one of the leading asset managers for ethical and sustainable investments with a focus on multi-asset strategies and investments in renewable energies. EB-SIM's parent company is Evangelische Bank eG. This is EB-SIM's first investment in a BESS project.

The seller, based in Tel Aviv, will retain a 51% stake in the operating company of the BESS.

Advisors to EB-SIM:

Dentons (Düsseldorf/Berlin/Munich):

Dr. Kerstin Henrich (Lead Partner, Corporate/M&A; Energy, Düsseldorf), Dr. Jeannette Meyer (Counsel, Corporate/M&A), Dr. Sebastian Helmes (Partner, Public Law and Regulatory; Energy, both Berlin), Dr. Dominik Thomer (Partner, Tax Law), Dr. Axel Schlieter (Partner, Financing, both Düsseldorf), Holger Hölkemeier (Counsel, Tax Law), Elena Schmohl (Associate, Public Law and Regulatory; Energy, both Berlin), Julia Oelrich (Associate, Corporate/M&A; Energy, Düsseldorf), Johannes Fischer (Associate, Corporate/M&A, Munich)

Dentons (Luxembourg):

Jean Luc Fisch (Partner), Elena Rudenko (Associate, both Tax Law)

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